EAT Stock | | | USD 125.10 1.39 1.12% |
Brinker International financial indicator trend analysis is way more than just evaluating Brinker International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brinker International is a good investment. Please check the relationship between Brinker International Change Receivables and its Change To Inventory accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brinker International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brinker Stock please use our
How to Invest in Brinker International guide.
Change Receivables vs Change To Inventory
Change Receivables vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brinker International Change Receivables account and
Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brinker International's Change Receivables and Change To Inventory is -0.05. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Brinker International, assuming nothing else is changed. The correlation between historical values of Brinker International's Change Receivables and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of Brinker International are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change Receivables i.e., Brinker International's Change Receivables and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Brinker International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brinker International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brinker International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brinker Stock please use our
How to Invest in Brinker International guide.At this time, Brinker International's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 29.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 9.1
M in 2024.
Brinker International fundamental ratios Correlations
Click cells to compare fundamentals
Brinker International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brinker International fundamental ratios Accounts
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Additional Tools for Brinker Stock Analysis
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measure Brinker International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brinker International is operating at the current time. Most of Brinker International's value examination focuses on studying past and present price action to
predict the probability of Brinker International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brinker International's price. Additionally, you may evaluate how the addition of Brinker International to your portfolios can decrease your overall portfolio volatility.